Questions

Results for: Accelerator

I haven't seen a deal structured this way. Usually they get 6-10% equity I exchange for some small amount of money ( ~ $25k ) and tons of mentorship. 15% for $20k seems high ( you are valuing your company at $133k ) but there might be more to it.
Accelerators are great specially for unknown foun...

I've personally been accepted into two accelerators.
The wait time depends on the accelerator. For one accelerator, I didn't hear back until at the absolute last minute (the week before it started). For another accelerator I heard back about a month before it started.
In terms of improving yo...

Need way more information than this.
For starters, you need to know the following:
What are their reasons for wanting to create an incubator?
What are their needs?
Can you meet those needs?
When are they planning to make a decision?
Who would be making the decision?
Are they committed to startin...

You have limit time and resources so you need to think what I call "FIRST DOLLAR" approach. If you look across different modes to sell and target there has to be a few that would be the optimal. Focus only on those first don't look elsewhere - put each next dollar of effort into these (or this on...

I've gotten accepted into two different accelerator programs in the US. Both were ranked in the top tiers (Gold and Platinum Plus).
For startups in an accelerator with limited resources, there are a handful of ways to get cheap traffic. Depending on the product, they may find that certain growt...

Develop executable strategy and prioritized action list... The devil is in details of course.
And lots depend on the field and type of business you are trying to build.
I mentor a lot to startups and formal accelerator programs. Glad to discuss if there is an interest.

You should never bring anyone on the team unless you feel they are awesome and will add value. I believe the first 12 team members will dictate the success of the company.
That being said, you can bring in team members and give them equity that vest over 4 years, so that there is no risk to you...

There are many strategies that work for new sales people using LinkedIn, one of my favorite is active lead gen.
For high ticket sales, new hires do well to talk to the sales manager about who the company's best clients are. Armed with this knowledge, the sales person can profile the common trai...